Fallbrook Technologies Financing

Fallbrook Technologies Inc, Corporation just filed form D regarding $10.00 million debt financing. This is a new filing. Fallbrook Technologies was able to sell $3.40 million so far. That is 34.00% of the financing offer. The total private financing amount was $10.00 million. The form was filed on 2016-11-02. The reason for the financing was: unspecified. The fundraising still has about $6.60 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Fallbrook Technologies is based in Texas. The firm’s business is Other Technology. The form was signed by Sharon A OLeary Chief of Staff and Secretary. The company was incorporated more than five years ago. The filler’s address is: 505 Cypress Creek Road, Suite L, Cedar Park, Tx, Texas, 78613. William G. Klehm Iii is the related person in the form and it has address: 505 Cypress Creek Road, Suite L, Cedar Park, Tx, Texas, 78613. Link to Fallbrook Technologies Filing: 000130592716000001.

Analysis of Fallbrook Technologies Offering

On average, firms in the Other Technology sector, sell 85.80% of the total offering size. Fallbrook Technologies sold 34.00% of the offering. The financing is still open. The average investment offering size for companies in the Other Technology industry is $1.54 million. The total amount raised is 120.78% bigger than the average for companies in the Other Technology sector. The minimum investment for this fundraising is set at $50000. If you know more about the reasons for the financing, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Fallbrook Technologies Also

The Form D signed by Sharon A OLeary might help Fallbrook Technologies Inc’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.